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Austin, Texas, Has a Renewable Energy Plan. The City-Owned Utility Isn't on Board.
Late this summer, the Austin City Council trumpeted its commitment to a progressive energy policy by calling for a dramatic expansion in solar power generation, earning accolades from environmental advocates across the country. Governing.com
Submitted 2 years 98 days ago

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West Virginia Court: AG Can't Prosecute Criminal Cases
The West Virginia Supreme Court has denied Attorney General Patrick Morrisey's bid to prosecute criminal cases. Governing,com
Submitted 2 years 98 days ago

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Meet The Man Who Aims For A 90-Minute Bullet Train Ride From Dallas To Houston
Bullet trains fire up regularly between cities in Europe. In Japan, the state-of-the-art Shinkansen trains can reach 200 miles per hour. Robert Eckels, president of Texas Central Railway, is determined to bring that same bullet train to Texas. His goal: a 90-minute commute from Dallas to Houston. Keranews.org
Submitted 2 years 98 days ago

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Amazon hiring several thousand in Tennessee
Amazon is firing up its hiring for the holidays, with its Chattanooga and Charleston, Tenn., distribution centers slated to land their share of several thousand seasonal jobs the online retailer is creating in the Volunteer State. Nationally, Amazon plans 80,000 seasonal slots at its 50 fulfillment centers and 15 sortation sites. That's up from 70,000 last year and 50,000 in 2012. Chattanooga Times Free-Press
Submitted 2 years 98 days ago

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The Short-Term Thinking Behind America's Infrastructure Crisis
Last week, Larry Summers repeated his plea for the U.S. to invest more in its crumbling infrastructure. He—and the latest World Economic Outlook (PDF) from the International Monetary Fund—are imploring governments to issue additional debt to finance roads, bridges, water treatment, and extension of power grids. Even the most conservative estimates suggest that the projects would pay for themselves, especially with real interest rates below 1 percent. Businessweek
Submitted 2 years 98 days ago

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Plastikon Industries to add 65 Jobs
LEITCHFIELD, KY-- Dozens of new jobs are coming to Grayson County. Thursday Gov. Steve Beshear announced Plastikon Industries plans to expand its Leitchfield production plant. wbko.com
Submitted 2 years 98 days ago

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High Point Manufacturing Company Hoping to Add 236 Jobs
HIGH POINT -- A High Point manufacturing staple that has been up and running since 1916 wants to expand again. Thomas Built Buses has been given the go ahead to add 236 jobs. High Point, Guilford County, Archdale and Randolph County all agreed to Thomas Built Buses expansion by authorizing performance-based incentives. twcnews.com
Submitted 2 years 98 days ago

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Georgia-Pacific Invests $37 Million To Expand Production At Gurdon, Arkansas, Lumber Mill
Georgia-Pacific plans to invest $37 million at its Gurdon, Arkansas, lumber facility to expand production capacity of its mill by approximately 60 percent. Area Develooment
Submitted 2 years 98 days ago

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NORDAM announces contract that will eventually bring 300 jobs to Tulsa
NORDAM announced Wednesday that a contract signed in 2010 will eventually bring approximately 300 new jobs to Tulsa. Tulsa World
Submitted 2 years 98 days ago

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Why North Carolina’s Senate Race Has a Wide Gender Gap
CHARLOTTE, N.C. — There are two Southern women running for re-election to the Senate this year, both of them Democrats, and the difference in their approach to social issues says everything about the temper of their states. New York Times
Submitted 2 years 98 days ago

 

 

 

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Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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